OilPrices Trending News

2026-09-14 11:10:05

Oil Surges, Stocks Slide as Rate Fears Grip Markets

Oil prices surged nearly 3% after fresh strikes on Saudi Arabia and Gulf shipping, rattling global markets. Stocks fell amid tech selloffs and rate-hike fears, with Brent crude at $107.18 and AI shares plunging. read more

2026-09-14 06:40:06

Oil Surges Past $107 as Trump Eyes Irans Oil

Trump suggested US forces could stay in Iran and "keep the oil," comparing it to Venezuela. Oil prices spiked above $107 after Houthi strikes on Saudi Arabia and Iranian ship attacks. Oman postponed Strait of Hormuz talks. read more

2026-09-11 09:10:08

Houthi Red Sea Gains Threaten Global Gas Prices

Houthi fighters seized Yemen's Mokha port, escalating Red Sea tensions. Combined with US-Iran clashes, Brent crude neared $110, US gas hit $4.28/gallon, and Saudi exports dropped to decade lows, threatening further energy price hikes. read more

2026-09-10 10:10:03

Oil Surges Past $100 as Middle East Tensions Raise Gas Prices

Escalating conflict near the Strait of Hormuz pushed crude oil above $100 per barrel, driving up gas prices just before a key inflation report, raising fresh concerns about consumer costs and broader economic pressure. read more

2026-09-09 08:40:06

Oil Surges Past $100 Amid Middle East Attacks

Oil hits $100 per barrel amid escalating Middle East conflict as Houthi strikes target Saudi energy sites and Iran-US naval clashes disrupt supply. Markets plunge on inflation fears. read more

2026-09-08 08:10:03

Iran Raises Gas Prices as Hormuz Traffic Drops

Iran raises gasoline prices for heavy users as Strait of Hormuz traffic declines amid US-Iran tensions. Houthi attacks disrupt Saudi energy, oil rises, and officials warn of a Middle East quagmire. read more

2026-09-07 15:10:03

Goldman Warns Oil Could Hit $120 Amid Hormuz Attacks

Goldman Sachs warns oil could hit $120 per barrel if Hormuz attacks persist, with Brent near $97. Iran plans shipping sanctions, while US strikes tankers, disrupting one-fifth of global oil traffic. read more

2026-07-24 12:10:05

Oil Hits $100 Amid Mideast Conflict and New Tariffs

Oil soars to $100 per barrel as Iran conflict escalates, impacting global costs. Trump imposes new tariffs on 59 countries and EU. House approves non-binding resolution to remove U.S. forces from Iran war. read more

2026-07-21 06:50:05

Oil Holds Near Highs as Yemen Threatens Red Sea

Oil prices stay near one-month high despite ceasefire talks, as US launches 10th night of strikes on Iran and Yemen’s Houthis blockade Red Sea shipping, threatening Saudi crude routes and supply fears. read more

2026-07-20 09:10:03

Oil surges past $90 as Iran conflict disrupts shipping

Oil prices surged above $90 per barrel as US-Iran hostilities escalated, disrupting Strait of Hormuz shipping. Analysts warn markets underestimate supply risks amid ongoing strikes and naval blockades, with potential for wider Gulf attacks. read more

2026-07-16 11:40:06

Strait of Hormuz shipping collapses as US-Iran strikes escalate

Traffic through the Strait of Hormuz nearly stopped as US and Iran exchanged strikes for a fourth night. Oil prices surged after Tehran attacked vessels bypassing Iranian-approved routes. Only 13 ships passed Wednesday, down from an average of 138 daily before the conflict. read more

2026-07-15 06:40:05

Oil Surges Past $85 as US Strikes Iran Again

Oil prices rose above $85 after US struck Iran for a second night, targeting missile and naval facilities. Washington reinstated a Strait of Hormuz blockade, escalating conflict. Iran threatened to halt regional energy exports, keeping markets volatile. read more

2026-07-14 06:10:09

Oil Prices Surge as Trump Reinstates Iran Blockade

Oil prices hit a one-month high after Trump reinstated Iran blockade, with Brent rising to $85.11. Escalation risks grow as shipping resumes in Strait of Hormuz, amid attacks and US strikes. read more

2026-07-13 05:40:08

Oil Surges 3% as US-Iran Conflict Threatens Gulf

Oil prices surged 3.3% after US-Iran strikes escalated in the Middle East, with Iran claiming closure of the Strait of Hormuz. Markets slipped as inflation risks rekindled, while investors eyed Fed policy and earnings season. read more

2026-07-09 09:40:04

Oil prices surge as Trump ends Iran ceasefire

Oil and gasoline prices climb after President Trump ends the ceasefire with Iran, potentially increasing inflation pressures. The move raises energy costs, impacting consumers and markets amid ongoing economic concerns. read more

2026-07-08 19:50:04

US-Iran Ceasefire Cracks, Oil Prices Spike

A fragile US-Iran ceasefire unraveling renews fuel price anxiety as oil tankers avoid the Strait of Hormuz. Oil prices hit multi-week highs, threatening higher gasoline costs for drivers already strained by war-related price surges. read more

2026-07-08 08:10:07

Oil Surges, Asian Markets Tumble on US-Iran Strikes

Oil prices surged 2% and Asian shares fell after US strikes on Iran escalated Strait of Hormuz tensions. Tehran accused Washington of ceasefire violations, retaliating against US bases. Markets declined amid geopolitical instability and AI stock concerns. read more

2026-06-23 10:40:04

Oil Prices Plunge to Pre-War Levels on Iran Peace Deal

Oil prices fell to early March levels as US-Iran peace talks progress. JD Vance said discussions established a good foundation for a final deal. Brent crude dropped nearly 2% to $76.40 after the US waived sanctions on Iranian oil. read more

2026-06-22 12:10:05

Oil Falls, Markets Rise on Iran-US Peace Progress

Oil prices fell and stocks rose as Iran-U.S. talks made "great progress," with a roadmap for a final deal in 60 days. Mediators eased Strait of Hormuz tensions, boosting Asian markets despite muted U.S. futures. read more

2026-06-19 08:20:07

Asian Markets Rally as Strait of Hormuz Reopens

Oil prices fell and Asian stocks rose as the Strait of Hormuz reopened under a fragile Middle East peace deal, boosting Japan and South Korea markets. Analysts warned of future fees, while the dollar strengthened. read more

2026-06-18 05:40:37

Oil dips below $80 after Trump signs Iran peace deal

Oil prices fell below $80 after Trump signed an interim peace deal with Iran, extending a ceasefire for 60 days. Asian stocks steadied as markets assessed progress toward ending the Middle East war, with geopolitical risks remaining a key driver. read more

2026-06-16 16:30:05

War with Iran sends motor oil prices soaring

War with Iran has tripled synthetic motor oil prices due to disrupted Middle East supply and a damaged Qatar plant. U.S. relies on imports, and stockpiles are depleting. Even a potential deal won't resolve shortages soon, as new plants won't open until 2027. read more

2026-06-15 05:40:05

Oil prices plunge, Asian stocks surge on US-Iran peace deal

Asian markets surged and oil prices tumbled after a tentative US-Iran peace deal, easing inflation fears and reducing pressure on central banks to hike rates. The agreement includes reopening the Strait of Hormuz. read more

2026-06-15 05:10:07

Trump announces historic US-Iran peace deal

Trump announces US-Iran peace deal, reopening Strait of Hormuz on Friday. Oil prices fall as global shipping resumes. "Let the oil flow," he declares, ending blockade and months-long conflict. read more

2026-06-15 02:50:10

Oil Prices Tumble 12% as Trump Announces Iran Deal

Crude oil futures dropped 4% after Trump announced a completed Iran deal, with Brent below $84. Prices fell 12% from midweek highs, though reopening the Strait of Hormuz may take months to restore supply. read more

2026-05-29 07:50:03

Oil prices slip on tentative US-Iran deal

Oil prices dipped Friday on hopes of a US-Iran 60-day ceasefire extension, though the Strait of Hormuz remains largely closed. Asian markets mostly rose, with Tokyo’s Nikkei jumping 1.8%. Analysts urged caution, warning supply recovery will take time. read more

2026-05-26 11:40:05

Oil surges to $100 as US-Iran peace hopes fade

Oil prices surged to $100 a barrel as US-Iran peace hopes faded amid military strikes, causing mixed global markets. UK stocks rose while European indexes fell, with borrowing costs easing despite ongoing geopolitical tensions. read more

2026-05-26 06:10:03

Oil prices rebound as US strikes shatter Iran peace hopes

Oil prices rebounded after US strikes on Iran shattered peace deal hopes, reversing Monday's 7% drop. Brent crude rose 1.5% to $97.56, as Strait of Hormuz tensions resumed, undermining diplomatic progress. read more

2026-05-25 10:40:03

Oil Prices Fall on Iran Peace Talks Progress

Oil prices fell after Trump said Iran peace talks are proceeding constructively. Asian markets rose, with Japan's Nikkei surging 3.1%, as potential Strait of Hormuz reopening lowers geopolitical risk and crude costs. read more

2026-05-18 08:00:43

Trump Iran Warning Triggers Oil Surge, Market Plunge

Trump’s Iran warning that “the clock is ticking” sent oil prices soaring and Asian stocks tumbling. Markets fell amid stalled nuclear talks, a UAE drone strike, and Strait of Hormuz blockade concerns. Brent crude rose 1.9% to $70. read more

2026-05-07 09:50:09

Trump Signals Iran Deal Progress Amid Oil Volatility

Trump says U.S. is close to a deal ending the Iran war, which has driven up global oil prices without a surge in U.S. production. Marco Rubio visits Pope Leo. read more

2026-05-03 13:10:04

Oil Prices Hit Four-Year High on Iran War

Oil prices hit a four-year high due to supply shocks. NPR's Ayesha Rascoe discusses with Kevin Book how the Iran war impacts oil markets, exploring future trends and geopolitical effects on global energy supply. read more

2026-04-30 07:40:06

Oil Surges Past $125 as Trump Weighs Iran Strikes

Oil prices surge past $125 as Trump considers military options in the Strait of Hormuz, urging Iran to negotiate. Tehran mocks rising costs, while US plans new strikes and coalition efforts. read more

2026-04-24 08:50:08

Oil Surges Past $105 as Strait of Hormuz Shuts

Oil prices hold above $105 as Strait of Hormuz closure persists, with US and Iran seizing ships. Asian markets mixed, US futures rise. Ceasefire talks continue amid economic pressure and risk of escalation. read more

2026-04-22 17:10:14

Iran War Drives Up Everyday Costs

The Iran war's oil shock is raising prices for everyday items from toys to pens. Petrochemicals derived from oil are essential for plastics and synthetics in thousands of products, disrupting global supply chains and increasing manufacturing costs worldwide. read more

2026-04-22 11:50:11

War Inflates Prices From Toys to Aspirin

The Iran war's oil shock is raising prices for everyday items from toys to pens, as petroleum-derived materials like polyester become costlier. This demonstrates oil's pervasive role in the global economy, with consumers facing broader inflation. read more

2026-04-22 06:30:49

Oil Prices Steady as Iran Ceasefire Extended

Oil prices hover near $100 as Trump indefinitely extends the Iran ceasefire but maintains a naval blockade, keeping the Strait of Hormuz closed. Market reactions were mixed, with uncertainty persisting over the critical waterway's reopening. read more

2026-04-21 06:20:14

Oil Dips, Asia Rallies on US-Iran Talks Hope

Oil prices fell and Asian stocks rose on hopes that U.S.-Iran talks will resume before the ceasefire expires. Despite Tehran's non-commitment and mutual truce violations, markets reacted positively, though shipping disruptions in the Strait of Hormuz persist. read more

2026-04-20 12:30:45

UK Fuel Theft Soars Amid Global Conflict

Fuel thefts at UK petrol stations have surged nearly 30% since the US-Iran war began, costing over £100 million annually. Diesel and petrol prices have soared. Industry groups warn station workers to increase vigilance during peak hours. read more